I am never quite sure what people are thinking when they ask for a watch list. To me, it takes more to watch a stock as a potential investment than to just follow its price.
Watch list stocks should have the same effort put into keeping up with their news and updating your analysis judgments as stocks you own. Without that you are not really going to know that a stock has eventually become a good purchase candidate.
Because of this, I personally like to use Manifest Investing to create a dashboard of stocks I am interested in. They analyze stocks on a regular basis and update their projected returns based on changes in analysts expectations. Their list helps me focus on which of the companies I am watching that might be worth looking into again in more depth. Their work saves me some of the time it takes to do my own stock research on each stock on my watch list every quarter.
Manifest Investing is a subscription service, but they often provide very attractive rates for investment clubs. If you have an account or have set up a demo account, you can pull up your club portfolio as a Manifest dashboard using the Manifest Investing button you'll find on our Accounting>Investments page.
Another option, if you have a list of stocks you're watching saved in a list elsewhere on the internet, for example in a Yahoo portfolio or a Google spreadsheet, we can put a link directly to it on your club pages. You just need to email the link to us at support@bivio.com.
Hope that gives you a couple of ideas. Maybe others have ones they can share also.
On Thu, Sep 11, 2014 at 12:13 PM, endjed2 <> wrote:
But I have found it difficult to establish a "watch" list for stocks we have researched but not purchased.
Is there an efficient way to do that?
Excellent suggestion Laurie. I use Manifest Investing for my stocks and love it. And your dashboard can be put onto a spreadsheet for additional versatility.
Ruth Wilfong
On Thu, Sep 11, 2014 at 12:38 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Dear Elizabeth,
I am never quite sure what people are thinking when they ask for a watch list. To me, it takes more to watch a stock as a potential investment than to just follow its price.
Watch list stocks should have the same effort put into keeping up with their news and updating your analysis judgments as stocks you own. Without that you are not really going to know that a stock has eventually become a good purchase candidate.
Because of this, I personally like to use Manifest Investing to create a dashboard of stocks I am interested in. They analyze stocks on a regular basis and update their projected returns based on changes in analysts expectations. Their list helps me focus on which of the companies I am watching that might be worth looking into again in more depth. Their work saves me some of the time it takes to do my own stock research on each stock on my watch list every quarter.
Manifest Investing is a subscription service, but they often provide very attractive rates for investment clubs. If you have an account or have set up a demo account, you can pull up your club portfolio as a Manifest dashboard using the Manifest Investing button you'll find on our Accounting>Investments page.
Another option, if you have a list of stocks you're watching saved in a list elsewhere on the internet, for example in a Yahoo portfolio or a Google spreadsheet, we can put a link directly to it on your club pages. You just need to email the link to us at support@bivio.com.
Hope that gives you a couple of ideas. Maybe others have ones they can share also.
On Thu, Sep 11, 2014 at 12:13 PM, endjed2 <> wrote:
But I have found it difficult to establish a "watch" list for stocks we have researched but not purchased.
Is there an efficient way to do that?